From The New York Observer:
As the newspaper industry gets beaten to its knees by the Internet and other beasts, it’s comforting to know that the oldest, most regal media families are buying six-and-a-half-room, 2,000-square-foot co-ops with 10 windows on Central Park.
Mary and Donald Graham, the C.E.O. and chairman of the Washington Post Company, have paid $4.65 million for a pied-a-terre at 262 Central Park West. The 1929 co-op, incidentally, is called the White House.
“I would, of course, beg you not to write anything about it,” Ms. Graham told The Observer. “We haven’t even talked to our friends about the fact that we’ll have this apartment!”
“I think it’s important to say that we continue to be a devoted Washington family,” she said later, “and we’re not selling anything in Washington.”
(Hat Tip: Gawker)